Beyond Hormuz: Key Global Maritime Trade Routes Amidst Rising Tensions

• Global maritime trade faces severe disruption due to US-Israel-Iran conflict, impacting energy supply.
• Approximately 80% of global trade by volume relies on shipping, making crucial waterways vital.
• Strait of Hormuz, Bab al-Mandeb, Suez Canal, and Strait of Malacca are critical chokepoints.
• Disruptions force longer, costlier routes like the Cape of Good Hope, increasing consumer prices.
• Other vital routes include Turkish Straits, Strait of Gibraltar, Danish Straits, Taiwan Strait, and Panama Canal.